Issues & Trends

INNOX Advanced Materials Co., Ltd. Expands Orders from 'SpaceX'… Strengthens Position in Supply Chain

Cumulative Sales for July Exceeded Last Year’s Figures

Kwon Oh Seok
2026-08-13 08:52:35
[Edaily Reporter Kwon Oh Seok ] INNOX Advanced Materials Co., Ltd.(272290)announced on the 13th that it is rapidly expanding its presence in the aerospace sector by increasing the volume of advanced materials supplied to global aerospace company SpaceX.
(Photo courtesy of INNOX Advanced Materials Co., Ltd.)

According to industry sources, INNOX Advanced Materials Co., Ltd.’s cumulative sales to SpaceX from January through July of this year have already exceeded last year’s total annual sales. In particular, the company has been steadily expanding its supply of materials to the aerospace sector, with purchase orders (POs) from SpaceX increasing significantly starting in June.
The flagship product that INNOX Advanced Materials Co., Ltd. is currently supplying to the aerospace sector is “electromagnetic interference (EMI) shielding carrier tape,” which is used in satellite rockets and low-Earth orbit satellite projects. This material is recognized as a high-performance core material capable of withstanding extreme temperature fluctuations and blocking electromagnetic interference.
Beyond the aerospace sector, the company is accelerating the expansion of its material lineup across next-generation high-tech industries, including AI semiconductors and physical AI. Park Hyun-woo, an analyst at Shinhan Investment Securities, noted, “The company is in the early stages of diversifying its Chonbang markets—including semiconductors, batteries, aerospace, and defense—and we expect a gradual expansion of its potential market.”
A company official stated, “Based on our unrivaled polymer and adhesive technologies, we are working to diversify our global customer base for DAF (Die Attach Film) and backgrinding tape used in AI semiconductor packaging,” adding, “At the same time, we are promoting thermal interface pads for batteries and robot-specific materials to global electric vehicle and robotics companies.”

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